Posted on 12/01/2008 7:39:26 AM PST by Turret Gunner A20
We used to live near some “income assisted” housing. Always burned me up to hear my neighbors who collected welfare brag about the “refund” they were getting and what they were going to buy with it. They also get the homestead credit.
Sounds like a state run by Democrats.
Yup. But they got the same bennies under a Republican governor. Just keeping our rep as a “progressive” state. On Wisconsin!
Buffett is speaking up for us lesser off folks and is saying that the rich should pay the same percentage of taxes as the rest of the working class.
Then what's stopping him? I;m sure the US Treasyry Department owuld not turn down the extra 15% he wants to pay to keep up with his flunkies.
I just got home from a great Thanksgiving trip.
I read this and LOL...
YES, Florida. No, I am on the other coast and “poor too”!
This cruise was an eight day one and to Cozumel, Costa Rica, and Panama...see I am poor. Now, ROTFLOL are you?
Thanks for the ping to this!!
It would be the socialists paying out the 30% for the new fishing boat under a national sales tax.
We're better off with stability for the game rules we have.
I couldn't disagree more. It's far too complex and nobody knows exactly who's paying what percentage. Im currently getting taxed twice on my income.
Imagine being able to keep all of it. So what would you do with your extra cash, hoard it or buy things you've been wanting and needing. You don't get a choice with income taxes because you never see it.
I agree the tax code is way too complex. I have a CPA with a computer do mine. But what I’ve learned over the years is messing with the tax code only makes it more complicated than it was before. At this point I would just be happy if they stopped changing the rules of the game. Your dream of a simple flat tax isn’t going to happen. If anything the socialists will hijack your efforts to create an additional tax, not a replacement.
I do my own taxes (Quicken/Turbo tax). Flat tax would be better but the Fair tax program is what is needed.
http://www.fairtax.org/site/PageServer
If you run a small business, you most certainly do see it. And have to set it aside. And have to write big checks to the Treasury four times a year.
Withholding makes income taxation too painless - it's a big part of the problem.
“If anything the socialists will hijack your efforts to create an additional tax, not a replacement.”
With a sales tax they would be collecting additional taxes from all those who currently don’t report their income or deduct their taxes to nothing: tourists from outside the country, illegals, prostitutes, drug dealers, etc..
With a sales tax it would be in your face, everyone would see it go up and down to supplement government spending.
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